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Gwar [14]
3 years ago
6

Rafael takes home $4200 per month. What is the maximum amount he can

Mathematics
1 answer:
galben [10]3 years ago
6 0

Answer:

A bad debt ratio of more than 10% is considered high and often is a sign that you are in danger of credit overload. So, I'd $420 is the maximum amount he can spend on credit card payments and loan each month.

Step-by-step explanation:

Let's clear this with an example:

Rafael makes $4,200 a month and let's say he spends $550 on credit card payments and $450 on an loans.

Then, the ratio calculation would be $1000 / $4,200 = 0.24

Multiply that by 100 for a debt-income-ratio of 24%.

In this example, Rafael spends almost a quarter of his income on debt which is considered bad debt in economics.

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Naval intelligence reports that 99 enemy vessels in a fleet of 1818 are carrying nuclear weapons. If 99 vessels are randomly tar
oee [108]

Answer:

0.001687 = 0.1687% probability that no more than 1 vessel transporting nuclear weapons was destroyed.

Step-by-step explanation:

The vessels are destroyed and then not replaced, which means that the hypergeometric distribution is used to solve this question.

Hypergeometric distribution:

The probability of x successes is given by the following formula:

P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}

In which:

x is the number of successes.

N is the size of the population.

n is the size of the sample.

k is the total number of desired outcomes.

Combinations formula:

C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

In this question:

Fleet of 18 means that N = 18

9 are carrying nuclear weapons, which means that k = 9

9 are destroyed, which means that n = 9

What is the probability that no more than 1 vessel transporting nuclear weapons was destroyed?

This is:

P(X \leq 1) = P(X = 0) + P(X = 1)

In which

P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}

P(X = 0) = h(0,18,9,9) = \frac{C_{9,0}*C_{9,9}}{C_{18,9}} = 0.000021

P(X = 1) = h(1,18,9,9) = \frac{C_{9,1}*C_{9,8}}{C_{18,9}} = 0.001666

Then

P(X \leq 1) = P(X = 0) + P(X = 1) = 0.000021 + 0.001666 = 0.001687

0.001687 = 0.1687% probability that no more than 1 vessel transporting nuclear weapons was destroyed.

4 0
3 years ago
Rewrite in simplest terms: -0.2t - 5 (-8t + 5)
SVETLANKA909090 [29]

Answer: 40.2t - 25

Step-by-step explanation:

-0.2t - 5 (-8t + 5)

-0.2t + 40t -25

39.8t - 25

6 0
3 years ago
Is this a true statement? 0.3711 > 0.3801
disa [49]
NO. It's FALSE.

0.\ 3\ 7\ 1\ 1\\||\ ||\wedge\\0.\ 3\ 8


therefore 0.3801 > 0.3711

4 0
3 years ago
What is 2 5/12 - 1 7/12 =
castortr0y [4]

Answer:

Divide: 7/12  : 3/10  = 7/12  · 10/3= 7 · 10  /12 · 3  = 70/36  = 35/18

To divide one fraction by another, invert (turn upside-down) the second fraction, then multiply.

Hope this helps:)sorry if it doesnt

4 0
3 years ago
How many times can 10 go into 111? lol i need help
ikadub [295]

Answer:

11.1 times

Step-by-step explanation:

7 0
3 years ago
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